Global Medical Carts Market to Reach US$ 3.4 Billion by 2027, Catalyzed by Significant Growth in Healthcare Industry

December 01, 2022

According to the latest report by IMARC Group, titled “Medical Carts Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global medical carts market size reached US$ 1.56 Billion in 2021. Medical carts are portable transport solutions used in hospitals and healthcare facilities to carry all essential medical supplies near the patients. These trolleys consist of numerous compartments, trays, drawers, handles, and wheels to help manage, carry, and transport emergency supplies, bulky medical equipment, and medicines across medical facilities. They also hold necessary tools for surgical procedures and provide direct access to equipment. Medical carts are manufactured using various materials, such as mild and stainless steel, plastics, and aluminum. Consequently, they are utilized in the healthcare sector to improve patient experience, increase efficiency, enhance convenience, and protect supplies from unauthorized access.

Medical Carts Market Trends:

The increasing product usage in various departments of healthcare facilities, such as surgical wards, intensive care units (ICUs), general wards, emergency and trauma wards, physicians’ clinics, and medical schools, for their excellent storage capacity, durability, and ease of mobility, represents one of the key factors driving the market growth. In addition to this, the rising incidences of hospitalization due to the increasing prevalence of chronic and lifestyle disorders, such as diabetes, cancer, obesity, hypertension, and cardiovascular diseases (CVDs), are acting as another growth-inducing factor. Furthermore, the widespread adoption of medical carts to provide continuous care and perform routine check-ups and follow-up procedures, especially for the rising geriatric population more prone to various age-related disorders, is favoring the market growth. Apart from this, the introduction of point-of-care (POC) medical carts that provide more direct patient care and easy access to information, which, in turn, decrease errors, increases time efficiency, enhances mobility, and maintains privacy, is positively influencing the market growth. Moreover, the introduction of an automated dispensing cabinet (ABC), a computerized medical cart that stores and dispenses medications near the point of care while controlling and tracking drug distribution, is contributing to the market growth. Such solutions help streamline the distribution process, eliminate non-productive staff time, reduce human errors on inventory tasks, increase cost savings, minimize waste, efficiently manage paperwork, and improve patient outcomes. Other factors, including rising investments in healthcare infrastructure, extensive research and development (R&D) activities, and increasing demand for custom medical carts, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 3.4 Billion by 2027, exhibiting a CAGR of 13.20% during 2022-2027.

Market Summary:

  • On the basis of the product, the market has been divided into mobile computing, wall-mounted workstations, medications, storage columns, cabinets and accessories, and others.
  • Based on the type, the market has been classified into anesthesia, emergency, procedure, and others.
  • On the basis of the material type, the market has been divided into metal, plastic, and other type.
  • Based on the end use, the market has been classified into hospitals, ambulatory surgical centers, physician offices or clinics, and others.
  • On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and Others), Latin America (Brazil, Mexico, and Others), and Middle East and Africa.
  • The competitive landscape of the industry has also been examined, with some of the key players being Advantech Co. Ltd, Capsa Healthcare, Ergotron Inc (Melrose Industries plc), Herman Miller Inc, ITD Gmbh, Jaco Inc., Medline Industries LP, Midmark Corporation, Omnicell Inc., Performance Health, The Harloff Company and Waterloo Healthcare.
     

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste 
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Medical Carts Market to Reach US$ 3.4 Billion by 2027, Catalyzed by Significant Growth in Healthcare Industry
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More